GFOA CPFO Exam - Topic 1 Question 36 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 36
Topic #: 1

[All CPFO Questions]

There are about 420 self-insurance pools regarding risk transfer, in America, many of which belong to the:

AAssociation of Governmental Risk Pools (AGRIP)

BRisk and Insurance Management Society (RIMS)

CInsurance management Institute of America

DAll of these

Show Suggested Answer

Suggested Answer: A

by Wilda at May 06, 2022, 07:20 PM

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Alease

4 months ago

Totally agree, AGRIP is definitely the leader here!

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Ressie

4 months ago

Wait, all of them? That seems like a stretch.

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Fannie

4 months ago

RIMS is also involved, but not as much as AGRIP.

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Erin

4 months ago

I think AGRIP is the main one for these pools.

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Dong

5 months ago

There are indeed around 420 self-insurance pools in the U.S.

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Benton

5 months ago

I vaguely recall that AGRIP is focused on governmental risk pools, so I’m leaning towards that being the correct answer.

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Vincenza

5 months ago

I feel like all of these organizations play a role in risk management, but I don't think all of them are specifically tied to self-insurance pools.

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Colene

5 months ago

I think I came across a practice question about AGRIP and RIMS. I want to say AGRIP is the right answer, but I could be mixing them up.

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Adrianna

5 months ago

I remember studying about self-insurance pools, but I'm not entirely sure which organization is the main one. AGRIP sounds familiar though.

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Ammie

5 months ago

Okay, I think I've got a good handle on this. Regulatory compliance and isolated data are definitely key challenges for financial institutions. I'll make sure to select those.

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Hannah

5 months ago

This seems straightforward. Increasing the rate to 50 will make the progress bar finish faster, so I'm pretty confident that option B is the correct answer.

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Willodean

5 months ago

This looks like a straightforward role assignment question. I'll need to carefully review the requirements and match them to the available role options.

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